https://www.taxtmi.com/acts?id=39704 Section 30B permits a SEBI-registered pooled investment vehicle to borrow and issue debt securities as prescribed by SEBI, allows the vehicle-subject to the trust deed-to grant security interests to lenders, and authorises lenders, on default, to recover amounts and enforce those security interests by proceedings against the trustee acting for the vehicle; the trustee is not personally liable and remaining trust assets after recovery must be remitted proportionately to unit holders. en-us Tue, 30 Mar 2021 15:58:06 +0530 Tue, 30 Mar 2021 15:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39704 Section 30B permits a SEBI-registered pooled investment vehicle to borrow and issue debt securities as prescribed by SEBI, allows the vehicle-subject to the trust deed-to grant security interests to lenders, and authorises lenders, on default, to recover amounts and enforce those security interests by proceedings against the trustee acting for the vehicle; the trustee is not personally liable and remaining trust assets after recovery must be remitted proportionately to unit holders. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:58:06 +0530 https://www.taxtmi.com/acts?id=39704